404a-5 Change Notice
2 replies to this topic
Posted 07 February 2012 - 09:17 AM
The DOL regs require a that a participant be furnished a notice of a description of a change at least 30 but no more than 90 days before the effective date of the change. Does anyone know exactly what that notice must include? I don't see that the regs require you to include all of the annual disclosure information. Can a plan just say we are replacing Fund A with Fund B or do they actually have to include all of the required information just like the annual notice?
Posted 12 March 2012 - 12:20 PM
If I get what you're talking about, it says if there is a change to "the information" you have to describe the change, so I'd think that description would have to include all of the required information on Fund B.